Jolt to NAC as CAAN opts for competitive bidding for TIA ground handling

Himal Press 01 Dec 2023
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Jolt to NAC as CAAN opts for competitive bidding for TIA ground handling

KATHMANDU: The Civil Aviation Authority of Nepal (CAAN) has decided to go for a competitive bidding to hire a ground-handling service provider at Tribhuvan International Airport (TIA) in Kathmandu.

In a notice posted on the social media site X (formerly known as Twitter), CAAN stated that it decided to opt for competitive bidding as per Rule 5 (2) of Airport Service Charge Regulations, 2021.

Until now, Nepal Airlines Corporation (NAC) has been providing ground handling services at TIA without facing any competition.

This decision comes as a significant blow to NAC, as revenue from ground handling services constitutes a major portion of its total revenue. NAC has been generating approximately Rs 5 billion annually from ground handling services at TIA.

 

 

 

Published On: 01 Dec 2023

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